Swarovski nominee Alexander Wangsaid he's "not nervous at all" — he woke up today and "forgot it was the CFDAs," but we'll have to wait and see if this turns out to be a night to remember for him, after all . . .

The ceremony is now underway, and host Tracy Ullman opened with a Kiefer Sutherland-headbutting joke — Proenza Schouler is an Accessory Designer nominee, and arrived with Daphne Guinness in tow — the CFDA crowd is a notoriously tough crowd, and the joke was met with "weak laughter."

Later on, Tracy, known for her designer impressions on her eponymous TV show, took a crack at impersonating Anna Wintour. Michelle Obama, who wasn't there in body, accepted her Special Tribute Award by video, and Rodarte's Laura and Kate Mulleavy accepted their Womenswear Award saying they watched Midnight Cowboy this afternoon to calm their nerves.